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Wednesday, 02 December 20
GLOBAL MINING SECTOR OUTLOOK STABLE DUE TO CHINA'S RECOVERY - FITCH RATINGS
 China’s post-pandemic economic recovery and sizeable infrastructure-focused government stimulus boosted global metals and mining prices, helping to stabilise Fitch Ratings’ expectations for the sector’s performance in 2021. Risks of pandemic-related supply disruptions and slower-than-forecast economic growth will linger next year, but their impact on the sector will be moderate compared with the downturn in 1H20.
Improved demand in the metals and mining sector was primarily driven by a quick recovery in China, fuelled by significant government investments in infrastructure as well as monetary policies that support construction, although a full economic recovery in other regions will take longer. Our stable sector outlook reflects favourable conditions in several important markets, such as iron ore, copper and aluminium. We expect prices to moderate in 2021 and align closer with market fundamentals. Supply-demand dynamics for individual commodities will evolve, reflecting economic growth in various regions and potential supply disruptions driven by pandemic-related restrictions or weather conditions.
Iron ore and gold miners will continue to benefit from robust demand and cash flow generation in 2021. Increasing supply from Brazil is key for reducing the global market deficit, which could be delayed, leading to some upside potential for our price assumptions. We expect the copper and nickel markets to be broadly balanced in the medium term. Demand for nickel, which is used in batteries, could be boosted by the European green recovery pledges that introduce tax breaks and purchase incentives for electric vehicles.
Commodities such as aluminium, zinc, metallurgical coal and thermal coal will remain over-supplied in the near term. Prudent financial policies that could help mitigate emerging risks are key for the ratings in these segments.
Source: Fitch Ratings
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Wednesday, 03 February 21
INDONESIA TO EXPORT 395 MILLION TONS OF COAL IN 2021 - ESDM
Data from the Ministry of Energy and Mineral Resources shows that, Indonesia is planning to produce 550 million Ton of coal in 2021 and as of t ...
Wednesday, 03 February 21
MARKET INSIGHT - INTERMODAL
"2020 the year from hell for the entire world, had everything for shipowners. The introduction of the sulphur cap and VLSFO, a Pandemic outbre ...
Tuesday, 02 February 21
WILL THE ELECTRONIC B/L BE FULLY IMPLEMENTED? FIVE POINTS TO CONSIDER - MOL
KNOWLEDGE TO ELEVATE
The trend towards digitization of Bills of Lading (B/L) has begun to attract attention in the trade and shipping industrie ...
Monday, 01 February 21
A 56,000-DWT OPEN MANILA WAS FIXED FOR A TRIP VIA INDONESIA REDELIVERY CHINA AT $11,500 - THE BALTIC BRIEFING
Capesize
The Capesize routes endured a week of slippage on rates, bringing the market back down to levels seen at the beginning of the month. D ...
Monday, 01 February 21
PAKISTAN: COAL DEMAND EXPECTED TO SPIKE IN 2021 - DAWN
Coal demand is expected to remain upbeat in 2021 as more coal-fired and captive power plants are coming up in the current year.
Acco ...
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- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
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